Club Sale | It’s done!

[Alonzo]

1) the club is losing £2m a week
2) the stadium needs a minimum £1b redevelopment
3) the training ground needs a redevelopment on top of 2)
4) tv money is projected to stagnate next time round
5) the value of the club will diminish in the medium term unless all of the above are tended to. IE there is no better time to sell than now unless they invest a huge amount of money they don’t have, which leads to
6) any minority investor will not look at all this as a good financial investment. There are no more dividends to take out.

all of which, while tragic that it’s even been allowed to happen, and the parasites have brought the club to its knees like all their failed shopping malls, still has me extremely comfortable knowing these rats will be gone shortly and i never have to think about the ped looking creeps again

oh and 7) there will without any doubt be more match stoppages and riots if they backtrack now.

 

[red thru&thru]

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Another suggesting the Glazers could stay. It’s starting to worry me

Seriously? You're worried? Based on a couple or articles?

 

[JagUTD]

To this day it still makes me chuckle when I see 'Glazers' spelt as 'Glaziers'

If the parasites end up staying, we'll have to call the new era of terror "Double Glazed"

 

[BarstoolProphet]

So he's 100% convinced his proposed takeover won't fall foul of rules barring a person/entity owning more than one club. Strange that it's even a consideration if he's just a private individual.

It's probably a consideration because every British newspaper seems to question it?

 

[red thru&thru]

1) the club is losing £2m a week
2) the stadium needs a minimum £1b redevelopment
3) the training ground needs a redevelopment on top of 2)
4) tv money is projected to stagnate next time round
5) the value of the club will diminish in the medium term unless all of the above are tended to. IE there is no better time to sell than now unless they invest a huge amount of money they don’t have, which leads to
6) any minority investor will not look at all this as a good financial investment. There are no more dividends to take out.

all of which, while tragic that it’s even been allowed to happen, and the parasites have brought the club to its knees like all their failed shopping malls, still has me extremely comfortable knowing these rats will be gone shortly and i never have to think about the ped looking creeps again

oh and 7) there will without any doubt be more match stoppages and riots if they backtrack now.

And a MASSIVE nose dive of the stock market price.

 

[glazed]

Whether or not you believe this bid is private or driven by the state, that comment about it not being possible for an individual of Qatar to be wealthy by their own volition is extremely racist.

I suppose you think calling the Qatari Royal Family a medieval corrupt bunch of human rights abusers is also racist?

I think we need a new version of Godwin's Law on this thread.

 

[Alonzo]

And a MASSIVE nose dive of the stock market price.

yep. I get the anxiety over it as it would be truly nightmare scenario, but the rats model to now has been pure greed, and unless there’s a huge shift from that (for the first time in generations of their bloodline), the time where their greed will most be sated by a sale, is now.

 

[TMDaines]

Whether or not you believe this bid is private or driven by the state, that comment about it not being possible for an individual of Qatar to be wealthy by their own volition is extremely racist. Very concerning that a journalist is spreading these sort of hateful comments about the people of an entire country. Pretty shocked tbh.

No, that’s just the reality in large parts of the world and for much of human history. We take it for granted in the West that individuals can now more readily climb the social ladder and be self-made, becoming ludicrously rich in the process. That’s what our high level of liberty affords.

That is simply not the case in many dictatorships where the wealth you acquire can is readily dictated and restricted by the heads of state and elites.

Would you play the racism card if someone insisted that that North Koreans could not become wealthy be their own volition?

 

[LawCharltonBest]

Seriously? You're worried? Based on a couple or articles?

It's because of a "couple of articles" that we knew Ratcliffe and Sheik Thani Jr would be bidding in the first place. The journalists are being sourced from somewhere. I've no doubt about that, that they've been told the Glazers may stay.

However, I'm hoping it is just a negotiation tactic. Them staying would mean at some point they're going to have to invest some of their own money into the club, which they haven't done in 18 years

Also, not that i would particularly know, but I believe if they stayed now after inviting full takeover bids, there would be grounds for suing them.

 

[Dazzmondo]

You’re kidding right?

You clearly think you're taking a moral stand which I respect but you really are getting lost here. Just because a state has issues does not mean all of its people should be treated like evil people or that its ok to make generalisations about them. That is racist/xenophobic whether you want to deny it or not.

 

[FlawlessThaw]

Seriously? You're worried? Based on a couple or articles?

Think it's all about momentum, sometimes if the tide is turning one way you see a furry of articles

 

[Giggsyking]

You think I’m serious, in reality I’m sat behind an iphone

You’re probably one of those who thinks Zlatan is serious every time he talks too. Most things I post here I do with a glint in my eye.

Seriously, though, if you can’t detect sarcasm in that post, joking that the Scandinavian poll only represents Scandinavians and calling you Sherlock Holmes, you need to check just how serious you are and chill the feck out

You are probably right. Jag behöver chilla lite.

 

[Regulus Arcturus Black]

You clearly think you're taking a moral stand which I respect but you really are getting lost here. Just because a state has issues does not mean all of its people should be treated like evil people or that its ok to make generalisations about them. That is racist/xenophobic whether you want to deny it or not.

Whoa slow down there fella, getting far far ahead of yourself there and you’re off on a path you clearly don’t fully understand.

There are lots and lots of lovely Qatari people, both in Qatar and on the planet.

 

[VivaObertan]

Some people genuinely think ' better the devil you know ' with the Glazers.

Stockholm Syndrome?

Who?! I've not seen a singlecperson who is pro-Glazer staying in all this.

 

[Adam-Utd]

It's probably a consideration because every British newspaper seems to question it?

You've obviously not worked out how British newspapers work yet.

doom and gloom = clicks and sales. The truth is rarely important.

 

[crossy1686]

I see an alarming amount of "Glazers" followed by the word "stay". Stop it.

Stockholm syndrome

 

[Adisa]

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A company that is expected to earn more in the future will have a higher EV. It’s simple logic.

 

[Adam-Utd]

Who?! I've not seen a singlecperson who is pro-Glazer staying in all this.

I've seen a few in this thread alone.

Don't want Qatari money and scared that Ratcliffe will be a terrible owner.

They're happy with how we're progressing with ETH, so want to keep everything the same

 

[VivaObertan]

I've seen a few in this thread alone.

Don't want Qatari money and scared that Ratcliffe will be a terrible owner.

They're happy with how we're progressing with ETH, so want to keep everything the same

That is absolutely mental

 

[Dazzmondo]

No, that’s just the reality in large parts of the world and for much of human history. We take it for granted in the West that individuals can now more readily climb the social ladder and be self-made, becoming ludicrously rich in the process. That’s what our high level of liberty affords.

That is simply not the case in many dictatorships where the wealth you acquire can is readily dictated and restricted by the heads of state and elites.

Would you play the racism card if someone insisted that that North Koreans could not become wealthy be their own volition?

Businessmen in western countries also rely on the state to help their businesses grow. This isn't as unique as you'd like to think. I wouldn't accuse the people on here concerned about human rights in Qatar of pulling a "human rights card", so maybe you should be a bit more respectful about a concern for a genuinely serious issue than simply reducing it to a "card". We should never seek to make generalisations about groups of people.

 

[crossy1686]

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I mean, inflation is a thing.

 

[Ottawa MLS Fan]

There's suddenly a lot of stories about the Glazers potentially staying put doing the rounds. Seems like we're being prepped for that likelihood

BBC even reporting this could happen. Would be awful to continue being hamstrung by these leeches when there was finally a sliver of hope.

I used to think there was nothing worse than being owned by six Glazer siblings, but being owned by two Glazer siblings heavily indebted to an American vulture fund would be far worse.

 

[Adisa]

I find stuff like this ridiculous - how the feck could those “sources” know? If they do exist they won’t even know if they’ll be in a job this summer as new owners could do anything!

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FFP is based on revenue and operating expenses. A new owner does not change that.

 

[red thru&thru]

It's because of a "couple of articles" that we knew Ratcliffe and Sheik Thani Jr would be bidding in the first place. The journalists are being sourced from somewhere. I've no doubt about that, that they've been told the Glazers may stay.

However, I'm hoping it is just a negotiation tactic. Them staying would mean at some point they're going to have to invest some of their own money into the club, which they haven't done in 18 years

Also, not that i would particularly know, but I believe if they stayed now after inviting full takeover bids, there would be grounds for suing them.

The Glazers have so much to lose by pulling the plug at this point.

The Raine Group will earn the most by selling. Also, why would it take couple of bids for the change in mind set? The bidders would have already spoken to The Raine Group/Glazers on how much they would offer. There's no way they invite these bids if they're not serious.

And also, the line in the article goes about how attached Joel is to United...when was the last time he came to Manchester and watched a game at his beloved United?

Make no bones about it, they are going.

 

[Idxomer]

I've seen a few in this thread alone.

Don't want Qatari money and scared that Ratcliffe will be a terrible owner.

They're happy with how we're progressing with ETH, so want to keep everything the same

Seems like the same mentality that made a lot of people happy with Ole as a manager.

 

[Raoul]

If the billions are fugaz then it'll come out when it's time to pay the bill.

Fogetaboutit

 

[crossy1686]

1) the club is losing £2m a week
2) the stadium needs a minimum £1b redevelopment
3) the training ground needs a redevelopment on top of 2)
4) tv money is projected to stagnate next time round
5) the value of the club will diminish in the medium term unless all of the above are tended to. IE there is no better time to sell than now unless they invest a huge amount of money they don’t have, which leads to
6) any minority investor will not look at all this as a good financial investment. There are no more dividends to take out.

all of which, while tragic that it’s even been allowed to happen, and the parasites have brought the club to its knees like all their failed shopping malls, still has me extremely comfortable knowing these rats will be gone shortly and i never have to think about the ped looking creeps again

oh and 7) there will without any doubt be more match stoppages and riots if they backtrack now.

The stadium does not need a £1b redevelopment, stop it with this nonsense. People are confusing the word "need" with the word "want".

 

[stevoc]

It's probably a consideration because every British newspaper seems to question it?

To be fair it's not the British media he has to convince, if he's just a private individual then as I say it's strange it would even cross his mind that UEFA might have a problem with it.

We get weeks of speculation that Qatar/The Emir/QIA want to buy United which understandably generated speculation as to how this would work with them already owning PSG. Then out of the blue on Friday when the official bid goes in it turns out all the journalists were being silly and it was actually just a private individual who happens to be from Qatar that is bidding.

 

[Chesterlestreet]

https://www.redcafe.net/threads/qat...-vote-now-private.475744/page-8#post-30181159

Aha, yes. Sorry, I thought you were talking about the other poll.

 

[RedRoach]

Another way to look at it is that the new group may have asked them to do it now, to take the flak for it as they are leaving anyway. That way the new owners can come in and freeze prices at a higher level and not take any heat for raising them. The other option is that they asked the outbound Glazers to raise them, so they can come in and immediately reduce them to win some points with fans. I don’t see the Glazers having any problems doing this if it was part of negotiating the sale price they wanted.

If anything I think this raise in prices shows they are leaving rather than staying. People are just looking for reasons to fear longer at this point.

Now that the initial declaration of interest phase of the bidding process is done, it is now entering the phase where buyers will get to look at the books and financial forecasts in order to establish a true valuation of the club. If the ticket prices are higher this forecast will be higher and hence the valuation will be higher. The Glazers are known to want close £6bn. Now I know that raising ticket prices by 5% is not going add another billion on the price, but it is another factor that the various auditors can look at on the buyer's side to establish a valuation for their clients (Radcliffe and Qatar) on how much they should be bidding.

 

[arthurka]

The Glazers won't stay. They are selling, that's for damn sure.

 

[FreakyJim]

Stockholm syndrome

and since you're from Stockholm you'd know

 

[Nogbadthebad]

Again.

Elliot loaned the money to buy Milan at FIFTEEN PERCENT.

It doesn't matter what journalists say, Joel Glazer cannot buy the rest of them out with that source of funding because the club cannot support a 2 billion loan at fifteen percent.

 

[Sky1981]

You clearly think you're taking a moral stand which I respect but you really are getting lost here. Just because a state has issues does not mean all of its people should be treated like evil people or that its ok to make generalisations about them. That is racist/xenophobic whether you want to deny it or not.

Tell that to Roman

 

[crossy1686]

and since you're from Stockholm you'd know

I’m from Manchester but I live in Stockholm, and now I very much have Stockholm syndrome

 

[romufc]

Again.

Elliot loaned the money to buy Milan at FIFTEEN PERCENT.

It doesn't matter what journalists say, Joel Glazer cannot buy the rest of them out with that source of funding because the club cannot support a 2 billion loan at fifteen percent.

If people think Qatar are bad, they have NO idea what Elliot are capable of.

They invest in bankrupt companies / governments.

If anyone wants to know anything about this sick company.. go have a look what they did in Argentina.

 

[Raoul]

If people think Qatar are bad, they have NO idea what Elliot are capable of.

They invest in bankrupt companies / governments.

If anyone wants to know anything about this sick company.. go have a look what they did in Argentina.

Is anyone in this thread advocating for Elliot ?

 

[RedDevilUnited369]

Regarding the raised ticket prices, surely this was probably planned for a few years now? Same prices for 11 years is a long time.

Isn’t this Richard Arnold actually just doing his job?

 

[romufc]

Is anyone in this thread advocating for Elliot ?

No but it is still another bidder. The one thing I am sure of, I cannot trust the Glazers.

 

[shamans]

No, that’s just the reality in large parts of the world and for much of human history. We take it for granted in the West that individuals can now more readily climb the social ladder and be self-made, becoming ludicrously rich in the process. That’s what our high level of liberty affords.

That is simply not the case in many dictatorships where the wealth you acquire can is readily dictated and restricted by the heads of state and elites.

Would you play the racism card if someone insisted that that North Koreans could not become wealthy be their own volition?

Sorry but this is so silly. In any capitalist society which the Middle East is for the most part there are thousands of rags to riches stories.

I am not debating nor do I know if this bidder is state or personal but this comment of western liberties allowing individuals to get rich is ridiculous.

So what about Indian liberties? I’d argue India alone has more self made super rich folks than many states in Europe. In fact Europe has a huge issue of big money being held by very few old money individuals.

Anyway, like I said this bidder is most probably state owned but you have to correct your understanding